1.524
Revenue$B
1.065
1.152
1.226
1.343
1.447
1.576
1.718
1.825
1.999
2.159
1.555
8.34%
8.15%
90
5.89
Revenue growth%
19.95
19.73
20.91
23.28
23.16
24.00
22.62
23.29
21.65
20.59
3.98
22.62
22.14
43
17.59
Gross margin%
14.45
14.81
13.84
16.29
18.72
20.28
21.77
24.52
26.71
29.63
13.91
24.52
19.50
45
2.87
Operating margin%
12.91
9.95
7.43
9.22
8.70
7.30
4.79
3.79
3.24
1.31
10.88
3.79
7.36
14
21.76
Net margin%
2.67
0.40
2.28
0.40
0.40
0.40
0.40
0.40
1.08
0.40
16.31
0.40
0.40
41
20.89
P/E ratio (avg)x
22.19
20.67
20.41
21.69
20.48
21.87
22.17
22.50
23.65
22.81
26.29
22.50
22.02
42
32.54
EV/EBITx
32.76
31.79
32.43
36.04
36.91
36.36
32.72
32.13
34.56
38.96
16.48
34.56
33.66
63
16.53
FCF yield (avg)%
18.80
17.51
19.66
20.33
20.34
19.10
20.79
20.83
19.79
22.69
19.77
20.79
20.06
52
13.21
FCF margin%
14.87
14.06
13.44
14.33
16.81
17.64
14.73
17.34
16.68
18.38
23.46
17.34
15.78
51
0.528
FCF / Net incomex
1.465
1.521
1.753
1.691
2.002
2.224
2.389
2.357
2.671
3.181
1.206
2.389
2.113
17
15.75
ROIC%
5.87
8.26
8.28
10.27
10.81
8.03
9.00
11.91
10.91
11.79
3.20
10.91
9.64
70
17.17
Return on equity%
25.16
25.85
27.80
25.92
24.12
26.56
27.09
26.66
24.10
25.55
9.18
26.56
25.89
27
17.91
Return on assets%
23.97
24.98
24.09
26.53
29.18
26.49
27.42
28.43
26.63
24.22
4.58
26.63
26.51
37
7.70
EPS$
1.61
1.65
1.58
1.55
1.68
1.70
1.84
1.72
1.68
1.74
8.32
0.75%
1.81%
—
13.20
EPS growth%
20.13
19.98
21.19
18.52
15.58
17.48
17.75
15.40
13.59
10.90
23.39
15.40
17.62
35
7.16
Bookvalue per sh$
3.52
3.36
3.71
3.83
4.22
4.58
5.35
5.73
5.88
6.11
7.94
7.69%
5.56%
—
3.12
FCF per share$
5.66
5.79
6.06
6.63
6.33
6.59
6.10
6.20
5.73
5.16
2.94
(4.03%)
(0.22%)
—
6.28
Dividend per sh$
5.17
5.42
5.60
4.95
4.48
3.92
4.08
4.16
3.57
3.68
2.65
(3.85%)
(3.82%)
—
24.58
Div yield (avg)%
29.30
27.85
27.66
30.63
32.31
29.56
29.67
31.63
30.03
32.77
18.48
30.03
29.85
47
12.39
Payout ratio%
26.95
25.05
24.96
26.16
26.72
24.31
24.05
24.91
26.78
28.72
15.01
24.91
25.60
13
185.2
Shares (diluted)M
253.1
253.2
249.7
256.6
298.6
352.0
381.1
369.3
408.3
419.1
191.4
7.02%
5.08%
86
15.64
Buyback yield%
6.40
6.35
9.10
7.00
8.09
5.83
7.16
6.52
9.04
10.00
11.45
7.16
7.08
85
1.703
D/E ratiox
0.454
0.512
0.585
0.647
0.690
0.801
0.883
0.880
0.923
0.969
0.735
0.883
0.746
18
1.318
Enterprise value$B
1.762
2.063
2.286
2.470
2.472
2.916
3.405
3.638
3.634
3.952
1.077
9.84%
8.77%
49
0.927
LT debt$B
0.853
0.820
0.902
0.948
0.893
0.847
0.938
1.025
1.101
1.235
1.618
6.70%
2.98%
47
Revenue
$2.159B
8.15%
1.00×
Cost of revenue
$1.512B
8.15%
1.00×
Operating expenses
$350.6M
8.15%
1.00×
Cash and investments
17.55%
Spread over hurdle
58.60%